TERRY, I.W.

Name: TERRY, I.W. lease production and value, Feb 2003 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by INDEPENDENCE RESOURCES MGMT, LLC (P-5 423716) in the CONGER, SW (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 37075District 08Field 20101750OilCasinghead gasSave Export

Value, all time

$5.3 M

Feb 2003 – Oct 2020

Value, last 12 filed months

$40 k

at the published price for each month

Months reported

213

no gaps in the span

Streams

oil, casinghead gas

The CONGER, SW (WOLFCAMP) field

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 54 leases and 187 wells, and the rule below applies to all of them.

Discovered

1993-07-16

as the register files it

Field class

Oil and gas

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

The Commission's schedule remark for this field reads: “PURSUANT TO DOCKET NO. OG-19-00001664 CONSOLIDATED INTO THE”

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

Stream	Basis	Volume	Value
Oil	Disposition	58,716 bbl	$4,280,066
Casinghead gas	Production	241,506 Mcf	$1,052,094
Total			$5,332,161

Wells on this lease (5)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 31.6719, -101.2472. A lease has no coordinate of its own — that point is the mean of its wells, and they span 2.3 miles.

31.67265, -101.24466 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule

100.0%

5 of 5 wells

With a plug date

0.0%

0 of 5 wells

Median depth

8,500 ft

5 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

5100.0%

A plug date is filed

00.0%

BothOn the schedule and plugged. Neither fact cancels the other.

00.0%

NeitherNo plug date, and not on the schedule.

00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

Between 8,400 and 9,800 ft, median 8,500 ft, over the 5 wells that filed a depth.

Completions filed

Feb 2003 – Nov 2010

5 of 5 wells

5 wells


42-43130730	1	9,800 ft	Nov 2010	—	Yes
42-43130993	11	8,400 ft	Sep 2010	—	Yes
42-43131117	15	8,506 ft	Mar 2010	—	Yes
42-43130893	9	8,475 ft	Jul 2009	—	Yes
42-43133058	20	8,500 ft	Feb 2003	—	Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (213)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

213 months


Oct 2020	0	0	36.97	2.48	$0
Sep 2020	0	0	37.09	1.99	$0
Aug 2020	0	0	39.98	2.39	$0
Jul 2020	0	0	38.37	1.83	$0
Jun 2020	0	0	34.90	1.69	$0
May 2020	0	0	16.92	1.81	$0
Apr 2020	0	0	14.75	1.80	$0
Mar 2020	94	965	30.34	1.86	$4,643
Feb 2020	61	848	49.88	1.98	$4,722
Jan 2020	78	956	57.25	2.09	$6,468
Dec 2019	150	929	59.01	2.30	$10,992
Nov 2019	190	915	55.30	2.75	$13,024
Oct 2019	211	934	53.47	2.42	$13,541
Sep 2019	80	842	55.05	2.66	$6,641
Aug 2019	143	1,001	53.11	2.30	$9,901
Jul 2019	185	1,096	56.27	2.46	$13,106
Jun 2019	164	1,061	52.78	2.49	$11,299
May 2019	141	754	58.48	2.74	$10,312
Apr 2019	33	583	62.63	2.75	$3,670
Mar 2019	79	539	56.80	3.06	$6,138
Feb 2019	100	587	50.85	2.79	$6,724
Jan 2019	140	834	46.03	3.23	$9,137
Dec 2018	294	871	46.59	4.19	$17,343
Nov 2018	256	1,449	52.93	4.24	$19,690
Oct 2018	249	1,198	61.44	3.40	$19,369
Sep 2018	231	1,177	59.54	3.11	$17,412
Aug 2018	226	1,021	59.40	3.07	$16,555
Jul 2018	223	1,303	65.14	2.93	$18,346
Jun 2018	124	1,266	60.18	3.08	$11,358
May 2018	302	1,728	65.38	2.90	$24,757
Apr 2018	163	853	63.84	2.90	$12,880
Mar 2018	216	1,474	61.22	2.79	$17,331
Feb 2018	186	831	61.78	2.77	$13,790
Jan 2018	150	895	62.87	4.01	$13,019
Dec 2017	140	1,101	57.27	2.92	$11,234
Nov 2017	182	982	55.42	3.12	$13,149
Oct 2017	178	1,184	49.29	2.98	$12,306
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	133	1,248	45.37	3.00	$9,784
Jul 2017	203	1,094	43.87	3.09	$12,283
Jun 2017	202	910	42.49	3.09	$11,392
May 2017	341	1,365	45.37	3.26	$19,926
Apr 2017	292	2,417	47.93	3.21	$21,758
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	178	2,341	50.45	2.95	$15,892
Jan 2017	249	1,608	49.41	3.42	$17,801
Dec 2016	214	1,949	48.76	3.72	$17,690
Nov 2016	253	2,236	42.49	2.64	$16,663
Oct 2016	373	3,064	46.19	3.09	$26,697
Sep 2016	349	2,540	41.55	3.10	$22,377
Aug 2016	470	2,431	41.44	2.92	$26,586
Jul 2016	273	2,078	41.62	2.92	$17,439
Jun 2016	202	1,273	45.35	2.69	$12,580
May 2016	210	1,329	42.52	1.99	$11,575
Apr 2016	275	1,044	36.56	1.99	$12,133
Mar 2016	239	601	33.01	1.79	$8,968
Feb 2016	293	709	26.47	2.06	$9,219
Jan 2016	241	1,224	27.35	2.36	$9,485
Dec 2015	312	835	32.36	2.00	$11,768
Nov 2015	379	738	38.79	2.17	$16,301
Oct 2015	286	682	43.55	2.43	$14,110
Sep 2015	185	603	42.99	2.76	$9,616
Aug 2015	254	641	40.16	2.87	$12,042
Jul 2015	270	543	48.15	2.95	$14,600
Jun 2015	262	354	56.15	2.88	$15,732
May 2015	306	530	55.21	2.96	$18,461
Apr 2015	339	320	49.82	2.71	$17,755
Mar 2015	416	649	42.89	2.93	$19,747
Feb 2015	313	817	44.66	2.98	$16,410
Jan 2015	450	1,052	43.43	3.10	$22,805
Dec 2014	364	864	54.69	3.59	$23,010
Nov 2014	380	594	70.46	4.25	$29,300
Oct 2014	483	1,317	78.30	3.90	$42,956
Sep 2014	437	490	86.16	4.05	$39,634
Aug 2014	505	645	89.39	4.04	$47,745
Jul 2014	725	642	96.56	4.18	$72,689
Jun 2014	313	1,532	98.16	4.74	$37,981
May 2014	310	245	94.73	4.73	$30,524
Apr 2014	615	361	95.94	4.81	$60,739
Mar 2014	256	896	95.89	5.06	$29,079
Feb 2014	245	1,516	97.40	6.19	$33,250
Jan 2014	249	1,782	90.40	4.86	$31,171
Dec 2013	217	1,676	91.82	4.35	$27,223
Nov 2013	225	1,626	88.85	3.74	$26,070
Oct 2013	451	1,920	97.42	3.78	$51,193
Sep 2013	549	1,135	104.11	3.72	$61,376
Aug 2013	384	1,263	104.25	3.52	$44,481
Jul 2013	355	1,375	102.52	3.72	$41,506
Jun 2013	640	1,737	94.40	3.93	$67,248
May 2013	526	2,146	94.83	4.15	$58,785
Apr 2013	362	1,793	93.96	4.28	$41,692
Mar 2013	643	2,771	93.62	3.91	$71,040
Feb 2013	503	2,665	91.23	3.42	$55,003
Jan 2013	698	2,687	91.60	3.42	$73,126
Dec 2012	784	2,990	86.77	3.42	$78,254
Nov 2012	369	1,342	86.95	3.62	$36,949
Oct 2012	395	1,647	89.38	3.40	$40,904
Sep 2012	375	1,443	94.67	2.92	$39,713
Aug 2012	590	1,312	92.66	2.91	$58,485
Jul 2012	477	1,308	85.13	3.02	$44,558
Jun 2012	777	1,443	79.82	2.52	$65,655
May 2012	515	1,548	91.61	2.49	$51,031
Apr 2012	885	1,081	101.65	2.00	$92,119
Mar 2012	706	1,489	105.05	2.22	$77,474
Feb 2012	933	1,305	101.10	2.57	$97,680
Jan 2012	817	1,685	98.09	2.73	$84,746
Dec 2011	1,439	1,857	96.87	3.24	$145,412
Nov 2011	1,044	2,178	95.72	3.31	$107,144
Oct 2011	1,919	3,019	84.98	3.65	$174,092
Sep 2011	1,414	1,977	83.62	3.99	$126,119
Aug 2011	338	1,743	83.40	4.15	$35,421
Jul 2011	623	1,971	94.14	4.52	$67,553
Jun 2011	367	2,033	92.90	4.64	$43,527
May 2011	390	1,583	98.13	4.40	$45,244
Apr 2011	728	1,120	105.96	4.33	$81,992
Mar 2011	453	1,315	96.36	4.06	$48,986
Feb 2011	468	1,267	85.64	4.18	$45,376
Jan 2011	788	1,295	86.50	4.59	$74,104
Dec 2010	974	846	85.73	4.35	$87,179
Nov 2010	656	807	80.84	3.80	$56,094
Oct 2010	502	595	78.10	3.51	$41,294
Sep 2010	596	850	72.63	3.98	$46,670
Aug 2010	353	1,071	73.68	4.42	$30,742
Jul 2010	509	885	72.55	4.74	$41,120
Jun 2010	946	1,049	70.36	4.91	$71,712
May 2010	1,130	1,436	71.12	4.24	$86,447
Apr 2010	909	1,661	81.69	4.12	$81,104
Mar 2010	304	1,018	78.39	4.39	$28,298
Feb 2010	110	784	73.58	5.44	$12,361
Jan 2010	226	559	74.36	5.96	$20,139
Dec 2009	446	1,066	71.44	5.48	$37,708
Nov 2009	587	1,275	74.59	3.75	$48,567
Oct 2009	474	1,213	72.54	4.11	$39,370
Sep 2009	923	1,397	65.54	3.06	$64,775
Aug 2009	1,295	1,772	67.42	3.22	$93,012
Jul 2009	221	395	61.13	3.46	$14,878
Jun 2009	90	548	66.16	3.90	$8,089
May 2009	29	530	54.74	3.93	$3,668
Apr 2009	40	333	46.77	3.59	$3,065
Mar 2009	27	247	42.14	4.06	$2,140
Feb 2009	78	224	32.81	4.63	$3,597
Jan 2009	145	179	35.86	5.37	$6,161
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	74	101.90	9.66	$715
Feb 2008	0	473	92.53	8.77	$4,148
Jan 2008	0	387	90.38	8.21	$3,176
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	78	0	91.67	7.29	$7,150
Oct 2007	0	361	82.85	6.92	$2,499
Sep 2007	0	514	75.84	6.24	$3,210
Aug 2007	0	514	69.06	6.39	$3,283
Jul 2007	0	635	70.90	6.39	$4,056
Jun 2007	0	649	62.00	7.55	$4,899
May 2007	71	659	58.74	7.85	$9,341
Apr 2007	0	627	59.61	7.81	$4,894
Mar 2007	0	650	56.92	7.30	$4,746
Feb 2007	0	594	55.10	8.22	$4,880
Jan 2007	97	694	50.30	6.73	$9,548
Dec 2006	0	704	56.65	6.92	$4,871
Nov 2006	0	609	54.20	7.62	$4,639
Oct 2006	58	589	54.90	6.01	$6,726
Sep 2006	0	627	60.08	5.04	$3,158
Aug 2006	0	533	68.71	7.34	$3,912
Jul 2006	87	512	69.37	6.34	$9,283
Jun 2006	0	526	66.28	6.38	$3,358
May 2006	0	0	66.01	6.42	$0
Apr 2006	113	504	64.39	7.36	$10,986
Mar 2006	0	498	56.70	7.08	$3,527
Feb 2006	0	472	57.59	7.75	$3,659
Jan 2006	125	490	60.59	8.93	$11,951
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	117	579	54.69	10.59	$12,529
Oct 2005	0	607	58.34	13.80	$8,374
Sep 2005	0	786	61.45	12.08	$9,494
Aug 2005	127	893	61.51	9.80	$16,560
Jul 2005	0	870	55.69	7.84	$6,824
Jun 2005	0	145	52.33	7.38	$1,070
May 2005	128	424	45.22	6.65	$8,608
Apr 2005	0	540	49.20	7.36	$3,975
Mar 2005	128	2,186	50.37	7.15	$22,088
Feb 2005	134	519	45.22	6.31	$9,335
Jan 2005	0	356	43.16	6.32	$2,251
Dec 2004	130	612	39.86	6.75	$9,313
Nov 2004	130	2,396	45.28	6.33	$21,054
Oct 2004	0	2,443	49.70	6.52	$15,916
Sep 2004	0	2,738	43.24	5.28	$14,467
Aug 2004	139	2,170	42.37	5.55	$17,934
Jul 2004	0	2,695	38.28	6.08	$16,397
Jun 2004	143	2,600	36.10	6.43	$21,888
May 2004	0	2,840	37.48	6.49	$18,445
Apr 2004	144	3,129	34.47	5.86	$23,295
Mar 2004	151	3,506	34.36	5.53	$24,577
Feb 2004	149	2,541	32.45	5.51	$18,835
Jan 2004	151	2,642	32.03	6.30	$21,480
Dec 2003	159	2,570	30.26	6.30	$21,007
Nov 2003	329	2,331	28.80	4.60	$20,187
Oct 2003	167	2,759	28.17	4.76	$17,836
Sep 2003	167	2,332	26.31	4.75	$15,469
Aug 2003	168	2,385	29.76	5.13	$17,234
Jul 2003	346	3,343	29.41	5.17	$27,462
Jun 2003	176	3,307	28.56	5.98	$24,812
May 2003	178	2,841	26.59	5.97	$21,701
Apr 2003	1,064	2,132	26.67	5.41	$39,905
Mar 2003	232	2,623	31.14	6.10	$23,214
Feb 2003	0	0	33.48	7.93	$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Mar 2020 — as filed, then multipliedworked

Oil                   94 bbl  × $ 30.34 =     $2,852
Casinghead gas       965 Mcf  × $  1.86 =     $1,791

────────────────────────────────────────────────────
Month total                                   $4,643

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 08/O/37075 is the state's own key, not one this site invented.